Servicemembers Civil Relief Act (SCRA)


Covers specific SCRA requirements for banks such as interest rate relief and foreclosure protections offered to military personnel. Explains the rights of the borrower under these laws, and the importance of bankers knowing the rights provided by the SCRA to service personnel to be able to act accordingly.  

Reviewed: Feb. 2017 and no changes made.
Re-Titled and thus Re-versioned: Aug. 2016

Learning Objectives

After completing this course, students will be able to:

  • Describe the background and purpose of the SCRA 
  • Describe the rights of a borrower under the SCRA 
  • Describe how the Fair Credit Reporting Act (FCRA) fits with the Servicemembers Civil Relief Act

Audience​​​

Bank personnel with lending and collection responsibilities. ​

​Course Credits

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​​Questions? Please contact training@aba.com for more information.
 

 Benefits of Self-Paced Training

 
  • Ultimate flexibility
  • Quizzes to support learning
  • Mobile format available
 

 Frontline Compliance

 
This course is available to ABA Member banks at no cost under a license agreement. Learn more
 

 Registration & Pricing

 

Individual Purchase
ABA Member • $95
Non-Member • $130​

 

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